Deutsche Bank Aktiengesellschaft (NYSE:DB) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Analysts' consensus is "Hold" — 10 firms cover Deutsche Bank with six rating it a hold and four a buy, with recent mixed moves including downgrades from Wall Street Zen and Barclays and an upgrade from Citigroup.
• Quarterly results beat expectations: Deutsche Bank reported Q1 EPS of $1.24 vs. $1.15 expected and revenue of $10.02 billion vs. $9.85 billion, with a net margin of 10.43% and ROE of 7.69%.
• Dividend sharply increased: the bank declared an annual dividend of $1.00 (up from $0.51), payable June 2 to holders of record on May 29.

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) have received a consensus recommendation of "Hold" from the ten ratings firms that are currently covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

Several equities research analysts recently issued reports on the stock. Wall Street Zen cut shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating in a research report on Saturday, March 14th. Weiss Ratings reissued a "buy (b)" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Monday, April 20th. Morgan Stanley reissued an "overweight" rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 8th. Barclays cut shares of Deutsche Bank Aktiengesellschaft from an "overweight" rating to an "equal weight" rating in a research report on Monday, April 20th. Finally, Citigroup upgraded shares of Deutsche Bank Aktiengesellschaft from a "sell" rating to a "hold" rating in a report on Thursday, April 9th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Sequoia Financial Advisors LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 86.9% in the first quarter. Sequoia Financial Advisors LLC now owns 43,863 shares of the bank's stock valued at $1,306,000 after buying an additional 20,396 shares during the period. Waterfront Wealth Inc. raised its holdings in Deutsche Bank Aktiengesellschaft by 177.6% in the first quarter. Waterfront Wealth Inc. now owns 24,601 shares of the bank's stock valued at $733,000 after buying an additional 15,739 shares during the period. Munich Reinsurance Co Stock Corp in Munich purchased a new position in Deutsche Bank Aktiengesellschaft in the first quarter valued at approximately $39,411,000. Sageworth Trust Co purchased a new position in Deutsche Bank Aktiengesellschaft in the first quarter valued at approximately $689,000. Finally, HB Wealth Management LLC raised its holdings in Deutsche Bank Aktiengesellschaft by 16.2% in the first quarter. HB Wealth Management LLC now owns 11,448 shares of the bank's stock valued at $341,000 after buying an additional 1,596 shares during the period. Hedge funds and other institutional investors own 27.90% of the company's stock.

Deutsche Bank Aktiengesellschaft Price Performance

DB opened at $31.13 on Friday. The company's 50 day simple moving average is $31.70 and its 200 day simple moving average is $35.18. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.10 and a current ratio of 0.74. Deutsche Bank Aktiengesellschaft has a 1 year low of $26.51 and a 1 year high of $40.43. The stock has a market capitalization of $60.39 billion, a PE ratio of 8.58, a P/E/G ratio of 0.40 and a beta of 0.94.

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) last released its earnings results on Wednesday, April 29th. The bank reported $1.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $0.09. Deutsche Bank Aktiengesellschaft had a net margin of 10.43% and a return on equity of 7.69%. The business had revenue of $10.02 billion for the quarter, compared to analysts' expectations of $9.85 billion. As a group, sell-side analysts expect that Deutsche Bank Aktiengesellschaft will post 4.08 EPS for the current year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The firm also recently declared an annual dividend, which will be paid on Tuesday, June 2nd. Investors of record on Friday, May 29th will be issued a $1.00 dividend. The ex-dividend date is Friday, May 29th. This is a positive change from Deutsche Bank Aktiengesellschaft's previous annual dividend of $0.51. This represents a yield of 251.0%.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank's core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.

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